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Crypto Hackers Steal $480 Million Through DeFi Hacks in 2023 First Half

PeckShield, a blockchain security firm, has confirmed that criminals stole $480 million through DeFi hacks in the first half of 2023. The three main types of DeFi attacks were logic bugs, oracle manipulation, and privilege exposure. Despite a 75% decrease in DeFi criminal activity compared to 2022, Ethereum remains the main target for hackers. Chainalysis has reported a decrease in the flow of illicit funds to suspicious addresses, but ransomware attacks and impersonation scams have increased.

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